South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt in part by the country's worst political crisis in decades, raising bets for more fiscal and monetary support to revive growth.
The Bank of Korea said in an advance estimate that gross domestic product in Asia's fourth-largest economy expanded 0.1% during the October to December period compared with the previous quarter.
South Korea's defence ministry said on Tuesday the denuclearisation of North Korea must continue to be the goal necessary for lasting global peace, after reports that U.S. President Donald Trump had called Pyongyang "a nuclear power.
South Korea's acting president Choi Sang-mok said on Tuesday he hoped for bilateral relations with Washington to develop more reciprocally under the Trump administration, citing concerns about how U.S.
The South Korean economy barely grew last quarter as political chaos weighed on consumer spending, according to a Reuters poll of economists who expect the Bank of Korea to cut interest rates next month following a surprise hold last week.
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South Korean President Yoon Suk Yeol has been arrested for questioning, according to the country’s anti corruption agency, in the latest chapter of a weekslong political saga that began with the embattled president’s shock martial law decree last month.
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.
The impeached president is using unsubstantiated claims of election interference by China and North Korea to justify his failed self-coup bid.
As Hawaiʻi's population ages, caregiving is getting more attention from both residents and policymakers. South Korea is testing a new program that may provide insights that could be used elsewhere — including here.
South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, amid the country's worst political crisis in decades, advanced central bank estimates showed on Thursday.